CA Sues Drug Companies
If you steal a bottle of vitamins from Wal-Mart, you get prosecuted for a crime. If multinational drug companies steal hundreds of millions of dollars from California by overcharging for medicine, they get sued in a civil action. Seem fair?
Attorney General Bill Lockyer charged that the drug makers, including some of the world's leading pharmaceutical concerns, defrauded the state's Medi-Cal system for at least the past decade. ... "We're dragging these drug companies into the court of law because they're gouging the public on basic life necessities," Mr. Lockyer said at a news conference here. "This scheme has cost California taxpayers potentially hundreds of millions of dollars and is jeopardizing the public health by diverting money away from patient care."
Mr. Lockyer said that each of the companies made as much as $40 million a year in illegal profits. He said he hoped to recover that amount plus the triple damages allowed under the state's false claims act.
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